Law & Policy

Last week in crypto regulation (May 26 – June 1):

1/ SEC: Staking Not a Security
Proof-of-Stake rewards don’t trigger Securities Act.

Last week in crypto regulation (May 26 – June 1):

1/ SEC: Staking Not a Security
Proof-of-Stake rewards don’t trigger Securities Act.
https://www.sec.gov/newsroom/speeches-statements/statement-certain-protocol-staking-activities-052925

2/ Ripple: Secondary Sales ≠ Securities
Company urges SEC to recognize fungible-token reality.

Head of crypto practice at Buzko Krasnov law firm
 | 
Law School Adjunct Lecturer

2/ Ripple: Secondary Sales ≠ Securities
Company urges SEC to recognize fungible-token reality.
https://www.sec.gov/files/ctf-written-input-ripple-052725.pdf

3/ DeFi Lobby: Treat DAOs as People
Uniswap & DEF ask SEC to drop “corporate” lens.

3/ DeFi Lobby: Treat DAOs as People
Uniswap & DEF ask SEC to drop “corporate” lens.
https://cointelegraph.com/news/crypto-lobby-group-sec-should-back-off-regulating-most-daos

4/ Cork Protocol Hacked for $12 M
Attacker empties pools; on-chain trace underway.

🚨ALERT🚨Our system has identified a $12M smart contract exploit, with @CorkProtocol potentially the victims.

A malicious contract was deployed on May 28, 2025 at 11:23:19 UTC by an address funded by 0x4771...762B (likely a service provider).
Just 16 minutes and 45 seconds https://t.co/72ScizbJPZ

🚨 Cyvers Alerts 🚨

5/ Circle Freezes $57 M LIBRA Funds
Stablecoins tied to memecoin team black-listed.

6/ OFAC Sanctions Funnull Technology
Linked to large-scale “pig-butchering” scams.
https://www.theblock.co/post/356240/us-treasury-sanctions-firm-linked-to-200-million-in-pig-butchering-scams

5/ Circle Freezes $57 M LIBRA Funds
Stablecoins tied to memecoin team black-listed.
https://x.com/arkham/status/1927801316178546958

4/ Cork Protocol Hacked for $12 M
Attacker empties pools; on-chain trace underway.
https://x.com/CyversAlerts/status/1927701403092316254